Blog Archives

London, London! Did you meet Cutts the Butcher? (UK Budget 2012)

Update: The Speech mentions a 7% deficit target for 2016 from 12% last year and a debt of GBP 98 bln in 2012/13 to 21 bln in 2015/16 as the main featues of the new budget. The Corp rate will

Tagged with: , , , , , , , , , ,
Posted in Amitonomics, Europe, Global

London! London! : Osborne Bonds: UK proposes a 100 year gilt

In another departure from convention, Chancellor George Osborne mooted the idea of a perpetual Sovereign Treasury issue that will pay interest perpetually but Principal will never be redeemed. In a bid to catch on to a permanent body of debt onthe

Tagged with: , , , , , , ,
Posted in Amitonomics, Europe, Global

London, London! Banking regulation aims to stay light?

Image by howzey via Flickr The new bank consumer law and the FSC as envisaged in the law passed today does put power back in the hands of government with the Chancellor holding veto powers when the crisis passes a certain

Tagged with: , , , , , , ,
Posted in Amitonomics, Banking, Europe, Financial Markets, Financial Services, Global

Advantage Dealbook: This week’s investment banking buzz and inspiration

Goldman Sachs promotes this year’s Flock Goldman Sachs declared its new Managing Directors this year though with lesser fanfare and the number were just more than 200 instead ofthe 300+ last year. The bank has on board 450 Partner Managing

Tagged with: , , , , , , , , ,
Posted in Financial Markets